11030841

Decentralized Talent Discovery via Blockchain

PublishedJune 8, 2021
Assigneenot available in USPTO data we have
Technical Abstract

Patent Claims
20 claims

Legal claims defining the scope of protection, as filed with the USPTO.

1

1. A system of conducting a decentralized talent discovery event via a blockchain network, the system comprising: a distributed ledger to be distributed across a plurality of nodes in the blockchain network; and a node comprising: a local copy of a distributed ledger that is copied across a plurality of nodes in the blockchain network; and a processor programmed to: receive votes from voters, wherein each vote corresponds to a respective contestant and requires a value of a token used by the blockchain network to be charged to a respective voter in exchange for the respective voter to place a vote; record each of the votes on the distributed ledger; cause each value of the token to be transferred from a wallet of the respective voter and added to a token pool based on the received vote, wherein at least a portion of the token pool is awarded to a winner of the decentralized talent discovery event; determine a winning contestant based on the received votes; and allocate at least a first portion of the token pool to the winning contestant and at least a second portion of the token pool to a subset of the voters that voted for the winning contestant.

2

2. The system of claim 1 , wherein the processor is further programmed to: receive an initiation of the decentralized talent discovery event from an organizing user that selects the contestants; and generate the distributed ledger for the decentralized talent discovery event based on the received initiation.

3

3. The system of claim 2 , wherein the processor is further programmed to: allocate at least a third portion of the token pool to the organizing user.

4

4. The system of claim 3 , wherein the organizing user, the contestant, and each of the voters are each provided with a private key for use in blockchain transactions associated with the decentralized talent discovery event.

5

5. The system of claim 4 , wherein to allocate the first portion of the token pool to the winning contestant, the processor is programmed to allocate the first portion to a blockchain account associated with a first blockchain wallet that is associated with the first private key of the winning contestant.

6

6. The system of claim 1 , wherein the processor is further programmed to: generate a second type of token associated with the winning contestant, the second type of token representative of a future earning of the winning contestant; allocate a first value of the second type of token to the voters that voted for the winning contestant; and allocate a second value of the second type of token to the winning contestant.

7

7. The system of claim 6 , wherein the processor is further programmed to: allocate a third value of the second type of token to the organizing user.

8

8. The system of claim 6 , wherein the second type of token is made available on a secondary exchange to be traded after a predefined amount of time has elapsed.

9

9. The system of claim 1 , wherein to receive the votes from the voters, the processor is programmed to: receive blockchain transactions from respective blockchain wallets associated with each voter; verify that each voter digitally signed a respective blockchain transaction comprising the vote; and validate the blockchain transactions based on the verification.

10

10. The system of claim 1 , wherein to allocate the first portion and the second portion, the processor is programmed to: consult a smart contract that encodes logic at least to allocate the token pool; and automatically execute the logic of the smart contract to automatically allocate the first portion and the second portion.

11

11. A method of conducting a decentralized talent discovery event via a blockchain network, the method comprising: receiving, by a processor, votes from voters, wherein each vote corresponds to a respective contestant and requires a value of a token used by the blockchain network to be charged to a respective voter in exchange for the respective voter to place a vote; recording, by the processor, each of the votes on a distributed ledger; causing, by the processor, each value of the token to be transferred from a wallet of the respective voter and added to a token pool based on the received vote wherein at least a portion of the token pool is awarded to a winner of the decentralized talent discovery event; determining, by the processor, a winning contestant based on the received votes; and allocating, by the processor, at least a first portion of the token pool to the winning contestant and at least a second portion of the token pool to a subset of the voters that voted for the winning contestant.

12

12. The method of claim 11 , further comprising: receiving an initiation of the decentralized talent discovery event from an organizing user that selects the contestants; and generating the distributed ledger for the decentralized talent discovery event based on the received initiation.

13

13. The method of claim 12 , further comprising: allocating at least a third portion of the token pool to the organizing user.

14

14. The method of claim 13 , wherein the organizing user, the contestant, and each of the voters are each provided with a private key for use in blockchain transactions associated with the decentralized talent discovery event.

15

15. The method of claim 14 , wherein allocating the first portion of the token pool to the winning contestant comprises allocating the first portion to a blockchain account associated with a first blockchain wallet that is associated with the first private key of the winning contestant.

16

16. The method of claim 11 , further comprising: generating a second type of token associated with the winning contestant, the second type of token representative of a future earning of the winning contestant; allocating a first value of the second type of token to the voters that voted for the winning contestant; and allocating a second value of the second type of token to the winning contestant.

17

17. The method of claim 16 , further comprising: allocating a third value of the second type of token to the organizing user.

18

18. The method of claim 16 , wherein the second type of token is made available on a secondary exchange to be traded after a predefined amount of time has elapsed.

19

19. The method of claim 11 , wherein receiving the votes from the voters comprises: receiving blockchain transactions from respective blockchain wallets associated with each voter; verifying that each voter digitally signed a respective blockchain transaction comprising the vote; and validating the blockchain transactions based on the verification.

20

20. The system of claim 11 , wherein allocating the first portion and the second portion comprises: consulting a smart contract that encodes logic at least to allocate the token pool; and automatically executing the logic of the smart contract to automatically allocate the first portion and the second portion.

Patent Metadata

Filing Date

Unknown

Publication Date

June 8, 2021

Inventors

Sephi Joseph SHAPIRA
Cho-Hsuan Lee

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Cite as: Patentable. “DECENTRALIZED TALENT DISCOVERY VIA BLOCKCHAIN” (11030841). https://patentable.app/patents/11030841

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